20160701

Today’s focus:

- At the end of the session, VNIndex gained 1.27% to 640,30pts, HNXIndex up 0,51% to 85,15pts. Market liquidity on both platforms reached VND3,373.74bn with 166.40mn shares transacted, 235 stock rising and 145 stocks falling.

- From July 1st, many new policies will go into effect, disabling thousands of business restrictions.

- No SOE has been approved by authorities for equitization and capital divestment in June 2016.

* Banking:

On June 30th, the State Bank of Vietnam has issued 9 Circulars on regulations concerning the banking sector (TBNH 30-6).

* Currency:

SJC gold price settled at VND34.90-35.22mn/tael in HCMC, increasing VND20,000/tael and VND35.06-35.16mn/tael in Hanoi, declining VND20,000mn/tael compared to the previous day. In the world, gold price began to weaken, falling to VND34.7mn/tael (VOV 1-7).

VND/USD exchange rate has decreased by VND8, reaching VND21,865/USD. With the current amplitude of +/-3%, the maximum rate applied by banks is set at VND22,521/USD, minimum VND21.209/USD (TBNH 1-7).

* Real estate:

Hanoi: Buildings of up to 11 floors are permitted on route 179 (Vietnamplus 29-6).

Ministry of Finance: By May 2016, VND147,000bn have been mobilized via government bonds, attaining over 67% of the plan (VTV 29-6).

Early in the session, VNIndex rose by nearly 3pts to 635.23pts; HNXIndex up 0.23% to 84.92pts. On HOSE, VNM (+0.71%), VIC (+2.23%), MSN (+0.75%) were the strongest, GAS rose sharply due to news of crude oil declining in the US; on the other hand, BID (-0.57%), ACB (-1.58%) was still falling. By 10:40, total market liquidity reached VND1,313.85bn with 62.79mn shares transacted, 168 stocks in the green and 127 in the red (Vietstock 1-7).